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Nov 15, 2012
11/12
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it's fantastic living in europe, especially in the south of europe. [laughter] >> the north isn't too bad. >> the weather is good. the weather is better. [laughter] >> certainly better -- >> but the question is for me, the question is we are -- [inaudible] you consider that this is a question of years ago. and it is a question for you. you decided to continue -- [inaudible] the stability that we all allow, and look at the map of the world. the western balance continue to be the wonderful balance of the world. i wish to defend this. in the atlantic you can extend this alliance. look in the atlantic. it is not true that only the future is in the pacific. look in the atlantic. water reserves, oil reserves and land. it's very impressive. and you look in europe, north america, south america, you recreate an atlantic space not against anything, but in favor of the most ability in the world. this is an expression of this possibility agreement, free trade agreement, economic opportunity between europe and you can extend the this for the rest of the world. --
it's fantastic living in europe, especially in the south of europe. [laughter] >> the north isn't too bad. >> the weather is good. the weather is better. [laughter] >> certainly better -- >> but the question is for me, the question is we are -- [inaudible] you consider that this is a question of years ago. and it is a question for you. you decided to continue -- [inaudible] the stability that we all allow, and look at the map of the world. the western balance continue to...
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fix the american economy be taken into europe can going to say measures to fix europe as well art or you do what you do need to have different approaches because it is two different things still there are different things europe essentially has a double problem they have how do we get southern european and northern european economies to move in the same direction and for that i think the answer is don't pursue austerity pursue growth and then there's a second problem of once countries are all moving in the same direction can you fix the european financial system and create united structures so that this problem doesn't appear again as it may appear in the next economic difficulty if the current division among national financial systems isn't isn't fixed as the author of the over book on global population trends you. have argued that the most important thing is really the distribution of population now that the rich economies are really out of steam and the global economic crisis god knows how long it will stay around will this economy sexually be capable of absorbing. even new scores
fix the american economy be taken into europe can going to say measures to fix europe as well art or you do what you do need to have different approaches because it is two different things still there are different things europe essentially has a double problem they have how do we get southern european and northern european economies to move in the same direction and for that i think the answer is don't pursue austerity pursue growth and then there's a second problem of once countries are all...
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will they be america and europe be able to sustain their living standards like they are today i think they'll be able to sustain them to a good degree because they have the technology and the capital but it will take sensible economic policies if europe and the us continue to spend way too much on. public benefits like pensions and don't pay enough attention to research and education to raise the productivity of future workers then things will decline so there is the risk that we got it wrong on the other hand there's no reason that european and american people and companies won't profit from the growth that takes place in places like china and india it's already a global economy so i think the prospects are good but let me also. say even though a place like shanghai or mumbai may not be as rich as london or paris they have their own attractions being at the center of something new and exciting and growing fast can be just as attractive as being in a place like zurich that has a lot of old but stable well jack goldstone thank you very much to you pleasure to be here thank you very muc
will they be america and europe be able to sustain their living standards like they are today i think they'll be able to sustain them to a good degree because they have the technology and the capital but it will take sensible economic policies if europe and the us continue to spend way too much on. public benefits like pensions and don't pay enough attention to research and education to raise the productivity of future workers then things will decline so there is the risk that we got it wrong...
WHUT (Howard University Television)
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Nov 14, 2012
11/12
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WHUT
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this is what europe is doing as we speak. low volumes being traded, because of all the uncertainty, there is a certain validity in saying that these numbers do not work, but if you look at the lack of economic growth, today we learned the third quarter in the greek economy shrank by 7.2% this year and the economy is expected to shrink next year. the sixth year in a row where we are seeing the greek economy going in reverse. all of this bailout money just does not work. >> do you know what else is not working? some cars. >> if you are a toyota executive today, you will be suffering from another big headache. today they recall nearly 3 million vehicles. the problem with these ones is the water pump or steering problem. half of the cars are on the road in japan, most are on the road in -- the rest are on the road in europe and the united states. all of this is a problem for toyota. last month, 7 million recalls over the faulty electrical window bond -- button. 12 million vehicles were recalled over a sticking accelerator. the pr
this is what europe is doing as we speak. low volumes being traded, because of all the uncertainty, there is a certain validity in saying that these numbers do not work, but if you look at the lack of economic growth, today we learned the third quarter in the greek economy shrank by 7.2% this year and the economy is expected to shrink next year. the sixth year in a row where we are seeing the greek economy going in reverse. all of this bailout money just does not work. >> do you know what...
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Nov 8, 2012
11/12
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KCSM
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the economic outlook for europe remains grim. now the european central bank chief, mario draghi, is warning that germany, which has so far been largely immune to the debt crisis, will start to feel the effects. >> the comments came as chancellor merkel delivered a speech to the european parliament about growth. she defended her consistent push for austerity measures and fiscal responsibility and reiterated her belief that brussels should be able to supervise national budgets within the eu. >> chancellor merkel is not used to receiving applause in brussels. lawmakers often accuse her of citing only with germany, but she came to present her own vision of europe. she would like to see a timetable for a full economic and currency union like was agreed that the eu summit last month. >> we must be ambitious and demanding. we must not shrink from amending the agreement that forms the basis of our economic and monetary union if necessary. this process of consolidation in the european union is essential, and i view the european parliament
the economic outlook for europe remains grim. now the european central bank chief, mario draghi, is warning that germany, which has so far been largely immune to the debt crisis, will start to feel the effects. >> the comments came as chancellor merkel delivered a speech to the european parliament about growth. she defended her consistent push for austerity measures and fiscal responsibility and reiterated her belief that brussels should be able to supervise national budgets within the...
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on europe extremely comfortable. for a different reason. than the debates in the house of commons your in my time there and this is continue to some extent have been extremely polarized there have been the euro fanatics who think the europe can do no wrong anything is european must be better than anything this national and then they'll be a whole group of xenophon who hate foreigners who hate europe and think it's the work of the devil and the. they they both speak with loud voices both those groups over people in the middle like myself who are in no way hostile to europe as i said i live half the time in france and i voice. enjoyed the company of that many european friends people and a who's who look at the thing objectively and say what makes sense what is makes economic and political sense both the united kingdom and indeed for europe when i tried to persuade the european countries not to go and i was transferred not to go down the route of monetary it wasn't because i thought it would suck britain to draw another g. and i knew perfectly
on europe extremely comfortable. for a different reason. than the debates in the house of commons your in my time there and this is continue to some extent have been extremely polarized there have been the euro fanatics who think the europe can do no wrong anything is european must be better than anything this national and then they'll be a whole group of xenophon who hate foreigners who hate europe and think it's the work of the devil and the. they they both speak with loud voices both those...
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Nov 5, 2012
11/12
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CSPAN2
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first it was europe, then europe handed over the baton to the united states after pearl harbor, and roughly 1815 until today, europe, the united states and i would talk japan in there because they have been part of the western alliance system and the western liberal democratic capital system since 45, this section of the world has really been at the front of history. and what i'd like to suggest this afternoon and what i write about in my book is that the global order is starting to change again. the pendulum is swinging in a way that it hasn't slung since the 1700s. but this next global turn, this new swing of the pendulum will be different than the last. why? because the last time the pendulum swung to the north and west and north america and europe were at the head of history for the next several hundred years. today, the pendulum is swinging everywhere and, therefore, nowhere. it's swimming to china, to india, to brazil, to turkey. the united states will do just fine in the 21st century but so will a host of developing countries that have been behind the west for many years. and as a co
first it was europe, then europe handed over the baton to the united states after pearl harbor, and roughly 1815 until today, europe, the united states and i would talk japan in there because they have been part of the western alliance system and the western liberal democratic capital system since 45, this section of the world has really been at the front of history. and what i'd like to suggest this afternoon and what i write about in my book is that the global order is starting to change...
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for many years in throughout europe an igloo you need only kingdom of form of political correctness in which it was felt that anything which was european was a noble ideal and anybody who criticize it was desperately politically incorrect or appear as it was so to the public is put it with its basis in peace and democracy if the public didn't. and he better he did. i think the principal promoters of it knew that it was a gamble and in my judgment it was a grossly irresponsible gamble but they were gambling they wanted their objective and they had been for a long time was a full political union united states of you and they thought that the room or service logic would of monetary would force the political union to arrive and that's what they wanted the reason why it was an irresponsible because as we see if in fact the peoples of europe don't want to. going to get a political then you have an economic disaster and that is what we have now but they of course one of the defects of the europeans the european movement you know the european people european movement the people mostly but over
for many years in throughout europe an igloo you need only kingdom of form of political correctness in which it was felt that anything which was european was a noble ideal and anybody who criticize it was desperately politically incorrect or appear as it was so to the public is put it with its basis in peace and democracy if the public didn't. and he better he did. i think the principal promoters of it knew that it was a gamble and in my judgment it was a grossly irresponsible gamble but they...
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Nov 12, 2012
11/12
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CSPAN2
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we want a united europe. we want it integrated europe. we want a political europe. that is truly in the interest of europe. ladies and gentlemen -- >> to you mrs. merkel, you talked about european history. you have an intensive experience of that in your own life, your own life shows how important the united and free europe is. we in the epp have trust in you that the european union and you will continue to shape the european union. thank you. [applause] >> translator: i gave you seven minutes after all. he fully supports mr. daul. the next speaker is mr. swope at us from the national democratic. >> translator: i am glad that you have come, chancellor. i admire you personally. i'd meyer your commitment to europe, but i then have to ask myself about the national german policy for the e.u.. you know much better than i do chancellor that the german economic miracle was based on the good social conditions that we have had in germany. that you had in germany. there was the troika. we have seen the breakdown of social networks and increase you have seen what happened. you
we want a united europe. we want it integrated europe. we want a political europe. that is truly in the interest of europe. ladies and gentlemen -- >> to you mrs. merkel, you talked about european history. you have an intensive experience of that in your own life, your own life shows how important the united and free europe is. we in the epp have trust in you that the european union and you will continue to shape the european union. thank you. [applause] >> translator: i gave you...
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know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension of course through the demonstration but also from the mere fact that northern europe now seems able to and willing to accept some sort of a have caught on on greece if you were the one person to make all the necessary decisions in europe what would you do i would wish that all the politicians and the central banks would go away for two three years and i think the micro economy will take care of it but in a more serious sense i think what we need to focus on to is to make sure that we don't overdo any macro policy because macro policy will fail ultimately what we need is for you and me to get the em
know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension...
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Nov 2, 2012
11/12
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CNBC
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the premium sector is doing very well and the premium is growing in europe. we also have other brands which are very relevant agreeing in euroyou'r growing in europe. we have to work with other developers to have a positive story with beer. we also need to regrow the capital. the capital is not growing. and for the long term, you want a healthy and die magic category for everyone to compete. there is everything which is healthy about beer. beer is much less calories than many thinks you can think about. >> many a morning i thought to myself why. >> beer has less calories than a glass of milk. the other thing -- >> i'll give me 3-year-old a beer. >> i wouldn't go that far. but beer is one of the few drinks that's absolutely purely natural. water, hops, yeast. >> beer is good for you. all these preg thantd mothers are cheering up. >> working harder to convince the female drinker. but you did make a strong pitch recently with the product placement in the new james bond film. >> the most important thing is that this partnership is valuable for both friends. heine
the premium sector is doing very well and the premium is growing in europe. we also have other brands which are very relevant agreeing in euroyou'r growing in europe. we have to work with other developers to have a positive story with beer. we also need to regrow the capital. the capital is not growing. and for the long term, you want a healthy and die magic category for everyone to compete. there is everything which is healthy about beer. beer is much less calories than many thinks you can...
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very much different from the rest of europe could it be happening in europe well potentially could be happening everywhere but the one thing to remember about the u.k. is that fries gas prices that are pretty high there in fact they're pretty close to the top of the range let's look at the actual numbers of romania has the lowest natural gas prices in the e.u. by contrast swedish consumers have to pay about five times as much. and in the u.k. households pay on average an equivalent of about eighty euro a month for their gas bills similar to what u.s. consumers have to pay but the one thing to remember is that in the u.k. gas which is the most that he used that utility has nearly doubled in price over the past seven years and there are a couple of factors that lead to doubt first the fact of course said gas prices is tied to prices that have been on the rise over the past decade and also the fact that the state does not subsidize gas bills in the u.k. whatsoever and for every one percent increase in the energy bills forty thousand people in the u.k. slip into what's called fuel poverty
very much different from the rest of europe could it be happening in europe well potentially could be happening everywhere but the one thing to remember about the u.k. is that fries gas prices that are pretty high there in fact they're pretty close to the top of the range let's look at the actual numbers of romania has the lowest natural gas prices in the e.u. by contrast swedish consumers have to pay about five times as much. and in the u.k. households pay on average an equivalent of about...
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political union and united states of europe which is what the architects of danceable do i live fearful that people don't believe nice they don't want you to be great majority of the people if you are don't want this political union. and they're not likely to want it there for the currency union can't work and therefore you shouldn't buckle now at the beginning we saw euro skeptics there very much lost their opinions last that why weren't those points that you were putting across at the time ignored i think the time. there were a lot of people didn't understand what monetary union really meant what it would lead to what you've raised no what was necessary if it was to be even hopefully successful i don't think. even with a political union there would be any economic benefit but at least you could sustain it with a full political union. going to happen i believe many people didn't understand what the ins and outs were there were some people who thought oh well it probably won't happen because this was a said some years before it was due to happen and people probably wouldn't happen and a
political union and united states of europe which is what the architects of danceable do i live fearful that people don't believe nice they don't want you to be great majority of the people if you are don't want this political union. and they're not likely to want it there for the currency union can't work and therefore you shouldn't buckle now at the beginning we saw euro skeptics there very much lost their opinions last that why weren't those points that you were putting across at the time...
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elections they are today after all but what about europe what is going on in europe that we've been missing and what can we learn from europe about what may be coming for the united states edward harrison is with me as founder of credit write downs he's helping us assess all of this so now edward i have to admit with europe going on so long and feeling a little like groundhog day with the eurozone crisis i'm a little behind i know angela merkel said that this is not going to be over in one to two years we're looking at five years at least so are we doomed to five more years of groundhog day type news out of the eurozone and what are the key things that we should be not miss saying that with our eyes glazing over at times. we have to be thinking about political sustainability versus you know what i would call debt deflation on the one hand you have the path which is that you know in countries like germany people are saying these people in greece or spain and so forth they really need to tighten their belts we've done therefore they need to do it as well but at the same time we don't want the
elections they are today after all but what about europe what is going on in europe that we've been missing and what can we learn from europe about what may be coming for the united states edward harrison is with me as founder of credit write downs he's helping us assess all of this so now edward i have to admit with europe going on so long and feeling a little like groundhog day with the eurozone crisis i'm a little behind i know angela merkel said that this is not going to be over in one to...
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Nov 15, 2012
11/12
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KCSMMHZ
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in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pull down the market drastically. our correspondence sent us this report from the frankfurt stock exchange. >> of course it is bad news that the economy and the eurozone slipped into recession, but still, traders managed to find a few positive aspects in the reports. in italy, the contraction was much smaller than what economists had anticipated. france against the odds managed to produce positive gross domestic product. this means, for germany, the possibility remains intact that our economy during the current quarter remains in positive territory as well. the bigges
in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the...
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moscow this is art to be with me rule research show welcome to the program it's a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the bloc millions expected to show up the numbers sounding chorus saying no to austerity already we're seeing violence in spain as protesters duke it out with the police with similar scenes pouring in from the italian city of milan let's now hear from sara firth at the epicenter of it all in madrid. we're in the center and you can see behind me the police cars already lining the streets we got a police helicopter overhead we're already getting figures in there's been a number of arrests already made today here in madrid of course is not just spain the striking today is poor trickle we've got grace we've got italy all of getting involved in this movement and a number of other countries as well belgium cyprus motor the united kingdom are also going to be having various demonstrations throughout the day old rallying around this one message and that is no new tool sterritt a now we've been
moscow this is art to be with me rule research show welcome to the program it's a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the bloc millions expected to show up the numbers sounding chorus saying no to austerity already we're seeing violence in spain as protesters duke it out with the police with similar scenes pouring in from the italian city of milan let's now hear from sara firth at the epicenter of it all in...
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europe you've got the countries at the moment that is consulates negotiating table . historically contributed much more in britain is amongst those countries and of the main you've now got countries like greece and spain who are absolutely needing this budget to be passed without those cars taking place britain's not alone for calling on these cuts cameron as i said very much trying to helm this by. having calling for these cuts even if david cameron were to get exactly what he wanted from this e.u. summit meeting as they say he might win the battle he still have to fight the war and the war is here britain's membership in the has never been so in question as we've been finding out the king's people in the case sixty's. evictee security and all the added perks it was once the club everyone wanted to be a part of that is the e.u. budget talks get underway in brussels britain's place within the european union has never before seen so you uncertain with support for the flagging we've come to one of the u.k.'s top members clubs to find out just how you run a successful cl
europe you've got the countries at the moment that is consulates negotiating table . historically contributed much more in britain is amongst those countries and of the main you've now got countries like greece and spain who are absolutely needing this budget to be passed without those cars taking place britain's not alone for calling on these cuts cameron as i said very much trying to helm this by. having calling for these cuts even if david cameron were to get exactly what he wanted from this...
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Nov 17, 2012
11/12
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CSPAN2
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we see what's happening in europe, and there is a pushback in europe. there's political groups in europe that look to reagan and thatcher, the alliance of european conservatives and reformists. i spoke there in may. there's many people who want to return to the days of -- well, use the principles, not return to the days, necessarily, but use the principles of reagan and thatcher and president claus in the czech republic who are pro-american, pro-free enterprise, pro-sovereignty. it doesn't come from the mainstream parties. it doesn't come from angela merkel and the german and french so-called conservatives. but it does come from elements within the british conservatives and elements in central and eastern europe. so there is pushback there. so it's another ray of hope, you might say. >> you didn't use the word "insidious." [laughter] >> well, you can use it. >> it is an insidious -- >> waiting for you to bring it up. [laughter] >> and the glaring example of why it won't work is europe, the european union, that you just talked about. it isn't working so
we see what's happening in europe, and there is a pushback in europe. there's political groups in europe that look to reagan and thatcher, the alliance of european conservatives and reformists. i spoke there in may. there's many people who want to return to the days of -- well, use the principles, not return to the days, necessarily, but use the principles of reagan and thatcher and president claus in the czech republic who are pro-american, pro-free enterprise, pro-sovereignty. it doesn't come...
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Nov 28, 2012
11/12
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LINKTV
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vienna, 1900, was one of the intellectual and artistic centers of europe. in tracing modern art's emergence in the 20th century, vienna embodies, perhaps more than any other city, the struggle to break with the ossified traditions of the 19th century to achieve a modern art, an art for the 20th century. turn-of-the-century vienna was a prosperous and technologically advanced society, peaceful and secure, the center of the austro-hungarian empire, ruled over for more than 50 years by the last of the hapsburgs-- emperor franz josef. franz josef symbolized permanence and stability. he cultivated a status quo, based on a bureaucracy and state censorship, which exerted a virtual strangle hold on the capital's cultural imagination. artistic life was dominated by the baroque history painting of the fine arts academy. architectural endeavor aimed at creating a sense of continuity with a grand past. the town hall-- late gothic... the hofburg theater-- high baroque... the parliament buildings-- classical greek. against this background, artists and architects across e
vienna, 1900, was one of the intellectual and artistic centers of europe. in tracing modern art's emergence in the 20th century, vienna embodies, perhaps more than any other city, the struggle to break with the ossified traditions of the 19th century to achieve a modern art, an art for the 20th century. turn-of-the-century vienna was a prosperous and technologically advanced society, peaceful and secure, the center of the austro-hungarian empire, ruled over for more than 50 years by the last of...
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but two factors here the first one is a very weak economy situation in europe and the second one. is the temperature situations bourse in some not because somebody was going to hold that's why their condition didn't consume too much gas. i mean the big three cities called you can consume too much gas and. until now we don't see. good temperature for consumption. in europe is substantially higher of a village waited for for the last maybe fifteen twenty years so there is no targeting us just to sell as much gas as possible our target is to sell as much gas . will be efficient to sell and that's why we. are not just running for good round figures specially we use a we're in a position to optimize production of our main gas fields and it will be in the decline of production by the way of oldfield's who most lower than expected in the past plus we introduced by new field which is one of the journalists in our crown. and guess who is transport it was in yuma sense in a very efficient way so we as i told you we will not just deliver to the market we will develop the market including. yo
but two factors here the first one is a very weak economy situation in europe and the second one. is the temperature situations bourse in some not because somebody was going to hold that's why their condition didn't consume too much gas. i mean the big three cities called you can consume too much gas and. until now we don't see. good temperature for consumption. in europe is substantially higher of a village waited for for the last maybe fifteen twenty years so there is no targeting us just to...
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Nov 28, 2012
11/12
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KRCB
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a look at what the deal means for europe and american investors. >> tom: and it's "givng tuesday," a new effort to add charity to your gift list this holiday season. >> susie: that and more tonight on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on monday. the deal will make conagra the largest manufacturer of private label foods. suzanne pratt takes a look at what's become a booming business. >> reporter: it used to be consumers would buy private label products to clean their bathrooms or wash their clothes. lately, however, they're eating them, too. from sodas to peanut butter, private label brands are shaking off the yuck! stigma and attracting value-conscious customers. and it's the popularity of private label food that's behind the tasty conagra-ralcorp deal. >> private label, otherwise known as store brands, is ining traction with retailers and shoppers. in fact, s
a look at what the deal means for europe and american investors. >> tom: and it's "givng tuesday," a new effort to add charity to your gift list this holiday season. >> susie: that and more tonight on nbr! >> tom: a lengthy courtship finally resulted in the marriage today between conagra foods and ralcorp. conagra is paying $5 billion to buy private label food giant ralcorp. that works out to $90 a share, a nearly 30% premium to ralcorp's closing stock price on...
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Nov 19, 2012
11/12
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CNBC
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if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. right now we're seeing the yield on on the ten year bund just a little bit higher. we're seeing a bit of buying taking place in the spanish and italian debt market on the ten year and a little bit of selling on on the gilt. the currency markets just to give you a full update on where we are, we have a relatively flat on slightly higher euro-dollar. so we're in the lower end of that range still that we've been trading in for quite some time right no
if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we...
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stressed that building up europe's capabilities would save and even create jobs pumping more investment into the military industry not all member states are going to be jumping for joy over the plans the more ambitious common security and defense policy could leave britain between a rock and a hard place the u.k. could end up getting dragged into military campaigns that it has no interest in joining. british m.p. david campbell bannerman voted against the move accusing brussels of encroaching on sovereignty by expecting states to relinquish control of fans and security decisions. it really does trespass international responsibilities for the feds and it's talking about you looking after its citizens it's a direct assault on sovereignty as i said this really is about politics rather than the military this is about actually furthering the cause of it one united states and europe because they want a single army a single the friends industry they want control for the part of their foreign policy of their own to involved in they want to get in for the high intensity conflicts in their termin
stressed that building up europe's capabilities would save and even create jobs pumping more investment into the military industry not all member states are going to be jumping for joy over the plans the more ambitious common security and defense policy could leave britain between a rock and a hard place the u.k. could end up getting dragged into military campaigns that it has no interest in joining. british m.p. david campbell bannerman voted against the move accusing brussels of encroaching...
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in our region krone is one of the safest currencies in europe many people here in germany and in other european countries believe that our monetary system is being pressed up against a wall and this makes us weak is when the economic crisis fully engulfed greece last year brussels was on alert then a bailout treaty brought hope and relief apparently for mature space then portugal joined the club and someone will still be others to come let's release switzerland and norway are not a you members they're doing better than any other european country as we do denmark in the czech republic or the e.u. countries and we never hear things about their whole system when it's steals all the major powers from states political economic diplomatic and military and give it to brussels and washington is doing with german chancellor angela merkel saying at least five more years will be needed to recover it's clear countries like no we will not have a deficit in labor force at least some more decades brief notion r t from no way germany and france. let's get some more on the so now on how the protests ca
in our region krone is one of the safest currencies in europe many people here in germany and in other european countries believe that our monetary system is being pressed up against a wall and this makes us weak is when the economic crisis fully engulfed greece last year brussels was on alert then a bailout treaty brought hope and relief apparently for mature space then portugal joined the club and someone will still be others to come let's release switzerland and norway are not a you members...
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in other countries in europe well potentially it could be happening anywhere but the thing about the u.k. industry is that gas prices there are actually pretty high let's look at the numbers what we're seeing is that of romania has the lowest natural gas prices of any country in the e.u. by contrast swedish consumers have to pay almost five times as much and in the u.k. households on average pay an equivalent of about eighty europe per month something still similar to what consumers in the states have to pay but in the u.k. gas has nearly doubled over the past seven years as for every one percent increase about forty thousand people slip into what's known as fuel poverty defined as well having to spend about ten percent or more of your monthly income on energy bills and there are about five million people in the u.k. at the moment that fall into that category i mean regulators and watchdogs in the in all of these countries you've mentioned a very important bodies and you're saying that basically turns out the price rigging might have been playing a role in all of this it might have b
in other countries in europe well potentially it could be happening anywhere but the thing about the u.k. industry is that gas prices there are actually pretty high let's look at the numbers what we're seeing is that of romania has the lowest natural gas prices of any country in the e.u. by contrast swedish consumers have to pay almost five times as much and in the u.k. households on average pay an equivalent of about eighty europe per month something still similar to what consumers in the...
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all right a second of what's happening on the markets first before we get to europe the u.s. markets are continuing their rather long decline already down one percent as retail sales drop point three percent in october they were hurt by hurricanes and also headlines all over shouting the economy is heading towards a fiscal cliff in the beginning of next year and therefore investors are choosing to be played safe so far over in europe indeed markets were trampled today by that stampede of protests across much of spade and portugal coupled with strikes all across europe london dipped one percent with oil and gas from suffering the most despite a recovery in oil prices now when it comes to the euro actually that was so the graphic in the previous on the european markets was a bit wrong as opposed to point down now when it comes to the euro it's a stronger to the dollar this hour because investors are focusing on these tax hikes and basically spending cuts which the u.s. is due to the first second and third of january meanwhile the russian ruble and mix against about. and for the
all right a second of what's happening on the markets first before we get to europe the u.s. markets are continuing their rather long decline already down one percent as retail sales drop point three percent in october they were hurt by hurricanes and also headlines all over shouting the economy is heading towards a fiscal cliff in the beginning of next year and therefore investors are choosing to be played safe so far over in europe indeed markets were trampled today by that stampede of...
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could help out europe or indeed it could capitalize on the problems in europe. well i think china certainly wants to continue to develop a very close interdependent relationship with europe. europe has been one of the principal overseas destinations and this is picked up recently. in terms of what is called o.d.i. are over these outbound direct investment from china now it's very interesting to note that china has earmarked over one trillion u.s. dollars for overseas direct investment over the next few years and europe is one of the principal beneficiaries here so there is that dimension in terms of investment of course but the european union is currently china's number one trading partner so that there is a very robust trade that occurs and is occurring between. the two the two powers at the same time course china has has an abiding interest in seeing europe resolve its debt problems the debt crisis is affecting southern europe and indeed has participated to. some extent in cooperating with the european central bank in terms of greece's. financial difficulties
could help out europe or indeed it could capitalize on the problems in europe. well i think china certainly wants to continue to develop a very close interdependent relationship with europe. europe has been one of the principal overseas destinations and this is picked up recently. in terms of what is called o.d.i. are over these outbound direct investment from china now it's very interesting to note that china has earmarked over one trillion u.s. dollars for overseas direct investment over the...
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tonight, europe -- euro mp's had decided not to take part. on all economic fronts, europe is in crisis. >> a lot to watch their. thanks very much for the update. >> let's move to the markets now. investors did not have much to celebrate this tuesday. our correspondence sent us this report from the frankfurt stock exchange. >> the discussion in brussels about greece weighed on the general mood of the markets, even though there was a bit of a recovery towards the end of the trading day, but investors remain concerned about greece and about the way that the euro debt crisis is being sold -- solved. so all this, there were more reasons for investors to be bad tempered, for example, a dismal quarterly earnings report for the german utility, which came along with a profit warning. and there was the zed, the center for european economic research, which presented investor sentiment, which can lie and much less -- much worse than anticipated, especially the outlook of investors on to the future, much more negative than anyone here had anticipated. the
tonight, europe -- euro mp's had decided not to take part. on all economic fronts, europe is in crisis. >> a lot to watch their. thanks very much for the update. >> let's move to the markets now. investors did not have much to celebrate this tuesday. our correspondence sent us this report from the frankfurt stock exchange. >> the discussion in brussels about greece weighed on the general mood of the markets, even though there was a bit of a recovery towards the end of the...
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you know it's a very common sentiment all over europe that mrs merkel through the capitalist crisis is able to accomplish what out of hitler and all of his troops never could so i think there's a point to it but i would see it slightly differently i think angela merkel's politics right now are to do nothing germany is sitting pretty germany's unemployment has been coming down germany doesn't have to impose anything like the austerity on its people that it advocates everywhere else at least for the time being so she doesn't want to have any grand change of the situation because it's working pretty well for germany right now i think what she's doing and the way to understand this is europe is trying to unify they see the challenge from the united states as competition and from china's competition and they know they have to struggle to find their place and one step is to unify all those countries into the united states of europe but the question is around what is it going to be a unification in europe that looks like what romney and ryan would want or is it going to be a unification that
you know it's a very common sentiment all over europe that mrs merkel through the capitalist crisis is able to accomplish what out of hitler and all of his troops never could so i think there's a point to it but i would see it slightly differently i think angela merkel's politics right now are to do nothing germany is sitting pretty germany's unemployment has been coming down germany doesn't have to impose anything like the austerity on its people that it advocates everywhere else at least for...
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to start construction of the south stream project the pipeline will transport russian natural gas to europe bypassing ukraine doing so the company wants to and transit cost disputes with ukraine which happen almost every winter now after five years of negotiations gazprom is in a hurry just ask construction work is scheduled to begin before the end of this year also president putin has ordered gazprom to pay more attention to emerging shale gas market that as some experts believe may challenge gazprom predominance. her missed a very welcome to the show thank you very much for being with us and all the banks thanks and let's start with the news with the news related items well first of all president putin according to the news has asked nava tech to cooperate with gazprom on signing contracts on your mouth liquefied natural gas exports how do you see this cop ration does it mean that gazprom will have to share its consumers with no overtake how big is potential of the russia's share on the global energy market here but the situation is quite different there is no conflict of interest here an
to start construction of the south stream project the pipeline will transport russian natural gas to europe bypassing ukraine doing so the company wants to and transit cost disputes with ukraine which happen almost every winter now after five years of negotiations gazprom is in a hurry just ask construction work is scheduled to begin before the end of this year also president putin has ordered gazprom to pay more attention to emerging shale gas market that as some experts believe may challenge...
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i mean so no new city in europe i'm the host of the twenty fourteen winter olympics . say. thank you. scots. thank you the. dog days of. the pride days it. takes a common. sudsy it's so true. plus. clinician and free credit cation free transport charges free. range month free risk free studio time free.
i mean so no new city in europe i'm the host of the twenty fourteen winter olympics . say. thank you. scots. thank you the. dog days of. the pride days it. takes a common. sudsy it's so true. plus. clinician and free credit cation free transport charges free. range month free risk free studio time free.
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we're discussing where we could set up an affiliate office in europe. london zurich . i think we should make our home in italy and work.
we're discussing where we could set up an affiliate office in europe. london zurich . i think we should make our home in italy and work.
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well i think the most obvious reason that it's going to be different is because all of southern europe is engaged in a general strike in their days of action all over all over the continent i think also the scale and the intensity of the conflict opened up by a type of mobilization like a general strike is it is something very different than we've seen with the indignados and we really haven't seen the most intense part of the of the mobilization yet i mean the protests in major cities besides the picket lines and all of that haven't really started that starts at six o'clock where people who maybe haven't been able to take part in the picket lines or in the actual strike them selves or people who have participated in the strike will join in what will what we expect to be a hundred thousand person marches what are you saying though in those protests are you coming up with some sort of alternative whereby many people are saying of course austerity is the necessary power no alternative. well i mean i think a protest isn't about a solution a protest is normally about something you don't wa
well i think the most obvious reason that it's going to be different is because all of southern europe is engaged in a general strike in their days of action all over all over the continent i think also the scale and the intensity of the conflict opened up by a type of mobilization like a general strike is it is something very different than we've seen with the indignados and we really haven't seen the most intense part of the of the mobilization yet i mean the protests in major cities besides...
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cards or to go prepares an angry reception for the german chancellor are seen as the main force behind europe's very dry. this dirty life from moscow with me wearing a joshie serious fractured opposition has managed to form a new political body to help the rebels and their foreign backers oust president said the deal signed in the qatari capital doha follows pressure from western and arab supporters who are also waiting to see the formation of syria's new government in exile are disposal your reports from the region. this comes after days of political wrangling amongst the various syrian opposition forces they have been under pressure from both the united states as well as arab governments to form this unified body it is a sixty member assembly but it really brings together a wide array of people and organizations with very different affiliations it is essentially a patchwork organization amongst the new leaders are sunni muslims as well as a christian former communist and among the rebel fighters are those coming from very different ethnic and religious backgrounds with many asking the questio
cards or to go prepares an angry reception for the german chancellor are seen as the main force behind europe's very dry. this dirty life from moscow with me wearing a joshie serious fractured opposition has managed to form a new political body to help the rebels and their foreign backers oust president said the deal signed in the qatari capital doha follows pressure from western and arab supporters who are also waiting to see the formation of syria's new government in exile are disposal your...
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all across the continent hundreds of flights already have been delayed or if not entirely canceled in europe with trains and buses also disrupted. this latest report. we're in the center and you can see behind me the police cars already lining the streets we've got a police helicopter overhead we're already getting figures in that being a number of arrests already made today here in madrid of course is not just spain the striking today is political we call grace we've got it's really old getting involved in this movement and a number of other countries as well belgium cyprus motor the united kingdom are also going to be having various demonstrations throughout the day old rallying around this one message and that is no new tool sterrett say now we've been covering the story very very closely since the very beginning of the euro crisis and as time has gone are we seeing how the devastating story of the horrifying figures continue to climb in spain here the moment more than twenty five percent unemployment portugal where we were just a day or two to get a record high for the fifteen percent un
all across the continent hundreds of flights already have been delayed or if not entirely canceled in europe with trains and buses also disrupted. this latest report. we're in the center and you can see behind me the police cars already lining the streets we've got a police helicopter overhead we're already getting figures in that being a number of arrests already made today here in madrid of course is not just spain the striking today is political we call grace we've got it's really old...
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11/12
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of course, europe is creeping back into the spotlight. there are a few things overhanging the market. maybe people are saying it's time to take a little off the table. i think there's short, mid, and long-term investment opportunities. >> jim, i guess we don't have the clarity on tax rates. that's probably one of the big issues. if you own winners in the market, you know, what would stop you from selling them now knowing your taxes are definitely going higher in 2013 and we don't know by how much? >> i think that's exactly right. the thing that came out of tu tuesday is we're still a divided nation. that translates into it looks a little more difficult for them to come to a deal on the fiscal cliff. that's what's changed. so obviously what would get the market to go up would be that we have a deal. unless we get one, you're right. if taxes are going up, your window is between now and the end of the year that you can sell and use the lower tax rates. otherwise, you risk higher tax rates after january 1st. >> meanwhile, with this selloff in
of course, europe is creeping back into the spotlight. there are a few things overhanging the market. maybe people are saying it's time to take a little off the table. i think there's short, mid, and long-term investment opportunities. >> jim, i guess we don't have the clarity on tax rates. that's probably one of the big issues. if you own winners in the market, you know, what would stop you from selling them now knowing your taxes are definitely going higher in 2013 and we don't know by...
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about well absolutely as you say it's bad everywhere all over the world that it's especially bad in europe all of the details in just a couple of minutes after a short break ok. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the clients computers already spent three months in this hospital and plans to stay for another four to add the coveted seven santa majors to his stature invented by the famed soviet orthopedic is good for you is there of in the nineteen fifties these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them apart and therefore stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life be sent to the other patients. and their shattered lives will go when professor of design says first frame using bicycle parts sixty years later season venture is increasingly being used to help people quite
about well absolutely as you say it's bad everywhere all over the world that it's especially bad in europe all of the details in just a couple of minutes after a short break ok. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the clients computers already spent three months in this hospital and plans to stay for another four to...
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you with us here on r t today i'm rory sushi life in the russian capital it is a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the globe millions expected to show up in a resoundingly course saying no to austerity already hundreds of flights have been canceled with nations paralyzed by war and strikes and let's get the latest marty sarah ferguson is at the epicenter of it all in madrid. were in the center and you can see behind me the these cars already lining the streets to go to these helicopters say that heads were already getting figures in there that being a number of arrests already made today here in the trade of course is not just spain this striking today it's political we call greece we've got it's really all a getting involved in this movement and a number of other countries as well belgium cypress motor. the united kingdom are also going to be having various demonstrations throughout the day old rallying around this one message and that is no new tool sterrett say now we've been covering the story v
you with us here on r t today i'm rory sushi life in the russian capital it is a day of unity like europe hasn't seen in years though for all the wrong reasons a series of mega protests are underway across the globe millions expected to show up in a resoundingly course saying no to austerity already hundreds of flights have been canceled with nations paralyzed by war and strikes and let's get the latest marty sarah ferguson is at the epicenter of it all in madrid. were in the center and you can...